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Dec 10, 2012
12/12
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so there was some hurricane sandy. but in our sales and we're a sun belt company without any sandy effect, our sales improved 8% over october and we were up 21% in the month of november. that had nothing to do with hurricane sandy. >> is the fiscal cliff affecting your business, mike? are you seeing consumers hesitant about buying? we were talking about the fact that consumers are pretty optimistic while business is sitting on cash, anticipating the results. what is it doing to your business? >> maria, it's amazing and head scratcher and maybe i just worry too much but the american consumer believes or has faith, confidence, whatever you call it that there's going to be some sort of resolution around the fiscal cliff and that washington, d.c. is not so recklessly irresponsible to throw this economy back in recession. they are behaving as if the fiscal cliff is going to be resolved. auto sales have met the challenges of the debt crisis of high gas prices and now the fiscal cliff with the american consumer on a durable g
so there was some hurricane sandy. but in our sales and we're a sun belt company without any sandy effect, our sales improved 8% over october and we were up 21% in the month of november. that had nothing to do with hurricane sandy. >> is the fiscal cliff affecting your business, mike? are you seeing consumers hesitant about buying? we were talking about the fact that consumers are pretty optimistic while business is sitting on cash, anticipating the results. what is it doing to your...
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Dec 5, 2012
12/12
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kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding, how much do we love that in a rail? however, only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many railroads, we know that because we have backed away because of the coal. but they have something the other railroads don't have, consistently high growth, not that low single digit stuff and not susceptible to the cyclical nature of coal or the ongoing war between natural gas and coal in the fight to be fuel for american utilities. and that's why i'm naming it my new favorite railroad. even over and above union pacific, which is always been my favorite. don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway -- kansas city southern also saw some exposure to
kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding, how much do we love that in a rail? however, only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many railroads, we know that because...
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Dec 7, 2012
12/12
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hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds. but hurricane sandy is expected to have put a pretty big accident in the november u.s. jobs report. it's out at 8:30 eastern. nonfarm p
hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6...
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Dec 7, 2012
12/12
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 5, 2012
12/12
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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Dec 6, 2012
12/12
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
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Dec 7, 2012
12/12
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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Dec 8, 2012
12/12
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CSPAN2
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[applause] >> it's now my girlish introduce our keynote speaker at admiral sandy winfield. admiral winnefeld is serving as the ninth vice chairman of the joint chiefs of staff, and america's second highest ranking military officer. admiral winnefeld received his commission to enable rotc program. he flew the f-14 tomcat. he taught at the weapons at school. admiral winnefeld commanded among many commands fighter squadron to 11, uss cleveland, the uss enterprise leading the big the enterprise through combat operations in afghanistan immediately following the terrorist attack september 11, 2001. as commander of the uss theodore roosevelt carrier strike group, he led task force is in support of operation iraqi freedom. he also has commanded the u.s., united states six fleet, nato ally joint command in lisbon. is sure to was included service on the fleet forces command, joint forces command, to was on the joint staff including being a g5 aid to the joint chiefs of staff, and executive assistant to the vice chairman of enable operations. he commended the north american aerospace
[applause] >> it's now my girlish introduce our keynote speaker at admiral sandy winfield. admiral winnefeld is serving as the ninth vice chairman of the joint chiefs of staff, and america's second highest ranking military officer. admiral winnefeld received his commission to enable rotc program. he flew the f-14 tomcat. he taught at the weapons at school. admiral winnefeld commanded among many commands fighter squadron to 11, uss cleveland, the uss enterprise leading the big the...
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Dec 8, 2012
12/12
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and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it? so with that in mind, what's the game plan for next week? first off, perhaps the most important day of the week is monday. but not for any earnings. not for any releases. that's when we process the results of the weekend talk shows, which you now have to watch as if we were instead of watching, you know, college gameday, i'm watching like some of those other news stations -- and then of course sunday morning whoever -- you don't even pay attention -- football means nothing no
and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you...
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Dec 8, 2012
12/12
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KQED
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industry estimates put the total amount of damage from superstorm sandy at $50 billion. insurance companies are expected to pick up between $10-$20 billion of that. that puts superstorm sandy at the top of the list ahead of hurricanes ike, ivan, and irene. monday we will look at why rebuilding from sandy is so expensive thanks to where she came ashore. ruben ramirez, seaside heights, new jersey. back here on wall street, tom, some interesting revolutions from netflix today saying it got a wells notice and being investigated by the securities and exchange commission. behind it is a very interesting debate going on. the reason for the investigation is that the ceo reid hastings had posted some information on his facebook page about developments at the company and the fec said you didn't disclose this property, should have been a press release or filing with the sec and raises new questions about social media and fair disclosure. >> tom: this is all about how technology is changing and regulations have a hard time susie keeping up with it. we see it with high frequency trad
industry estimates put the total amount of damage from superstorm sandy at $50 billion. insurance companies are expected to pick up between $10-$20 billion of that. that puts superstorm sandy at the top of the list ahead of hurricanes ike, ivan, and irene. monday we will look at why rebuilding from sandy is so expensive thanks to where she came ashore. ruben ramirez, seaside heights, new jersey. back here on wall street, tom, some interesting revolutions from netflix today saying it got a wells...
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. >> hurricane sandy victims are still in the cold. are lawmakers using the super storm to push the green agenda and push you to pay more. >> climate change is a city wide challenge and not just a coastal challenge. we have to reexamine all of our major infrastructure in leist sandy and how to modernize it in order to protect it >> new york city mike bloomburg not mincing words linking sandep to global warming. rich, you are concerned that they will use it to spend money. >> ralm emmanuel had a famous phrase working with president obama. never let a crisis go to waste. how doou turn it in to a political advantage. anybody can go on google and ask the question of how much has the planet warmed up. 1.3 degrees faren heit and nothing since 1998 . so to blame sandy on global warming is a real stretch . >> also unseemly about talking about spending money and sandy victims are the cold now. >> goyce, all the mayor is saying. there is not a government conspiracy behind everything people do. he said we will have to rebuild in thereas that were
. >> hurricane sandy victims are still in the cold. are lawmakers using the super storm to push the green agenda and push you to pay more. >> climate change is a city wide challenge and not just a coastal challenge. we have to reexamine all of our major infrastructure in leist sandy and how to modernize it in order to protect it >> new york city mike bloomburg not mincing words linking sandep to global warming. rich, you are concerned that they will use it to spend money....
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Dec 5, 2012
12/12
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before sandy. where are we internationally? europe. what are some of the other key area, though? i think latin america, though. i think it's coming back. asia already turned. here's the new piece of data. i think europe could be stablized. ford is the one to watch. you get that thing at 11 or blow. i'm out blessing it. haven't done that in a while. in europe i'm thinking that i'm sanguine. excited about ford. we have ample evidence today that i'm right. affordability is skyrocketing. the rates remained too low. homes down sharply. and pricing is moving up in california, nevada, arizona all things we learned from the luxury home builder toll today. oh, that's fine. they leave out the most important fact that i hadn't heard from anybody, let alone toll brothers before. demographic play, how the company's chairman talked how demographics are going to take over. household formation is unnatural but because of the great recession. now at least it's picking up. there should are several new home buyers out there because of pent-up demand. well, from the delay of creation of new families
before sandy. where are we internationally? europe. what are some of the other key area, though? i think latin america, though. i think it's coming back. asia already turned. here's the new piece of data. i think europe could be stablized. ford is the one to watch. you get that thing at 11 or blow. i'm out blessing it. haven't done that in a while. in europe i'm thinking that i'm sanguine. excited about ford. we have ample evidence today that i'm right. affordability is skyrocketing. the rates...
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Dec 6, 2012
12/12
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FOXNEWSW
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if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay attention i guess. do you hold your breath when you are reading an e-mail. it is e-mail apnea. study shows 80 percent of folks have it. when you hold your breath it jacks up your heart rate and live pours glucose into the bloodstream. it ballotses oxygen. don't hold your breath when you read e-mail. >> maybe we get stressed out when you wake up. >> twitter and facebook you have to go through those, too. >> fox business network. 10 after the hour. still to come the aclu coming after a judge for sentencing a teen to ten years of church. the teen doesn't have a problem with it so
if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay...
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. >> hurricane sandy victims are still in the cold. are lawmakerssing the super storm to push the green agenda storm to push the green agenda and push you to pay more. can i help you? i heard you guys can ship ground for less than the ups store. that's right. ie learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how painful heartburn can be. for fast, long laing relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. at legalzoom, we've created a betteplace to hane your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer
. >> hurricane sandy victims are still in the cold. are lawmakerssing the super storm to push the green agenda storm to push the green agenda and push you to pay more. can i help you? i heard you guys can ship ground for less than the ups store. that's right. ie learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how...
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Dec 4, 2012
12/12
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CNBC
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over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a deal? >> i'm concerned about it. the good news is everybody sees this as an opportunity to really show american global leadership. the rest of the world is all messed up on this. we can show them how to get it done. they've also all agreed on the three buckets, that being revenues, entitlements, and spending reductions. the bad news is they haven't agreed on how much into each bucket. and i don't think they're trying to create a win/win for each other. most good negotiations, you try to help the other person come out with a win. i don't see that here. >> you h
over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a...
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Dec 3, 2012
12/12
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 6, 2012
12/12
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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Dec 6, 2012
12/12
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WBFF
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she's sandy.(sadie) "i donnt think - santa clause wiil know where their houses.. because they don't have a house. i think i'm going to be the one to give them toys!" sadie knows that she'sságettingá hooiday presents.. that makes hee happy. so does thh joy the chiidren to be happy too. like, they can have their toys so they can play with them.. causs they don't have aay toys anymore." sadie's toy drive ssarted about two weeks behind by sandy. she told her mother, let's ive the piis toys...(ms. mirjafary)" i were going to do it...." .........she ádiiá it with facebook, an event page. sadie asked for donations.. unwrappee toys foo any aag child.. and the people responded.(ááánats up full: "what is all of that?" "it's a lot of stuff!"ááá) ........stuffed animmls, gamms, scooters... nearly $3000 dollars worth of toys pollected in such a short ime. a child asked for help.. people answered. a proud mom calls the reaction magical.(mss mirjafary) "it's my goal as a mom tt raise an thought she'd t
she's sandy.(sadie) "i donnt think - santa clause wiil know where their houses.. because they don't have a house. i think i'm going to be the one to give them toys!" sadie knows that she'sságettingá hooiday presents.. that makes hee happy. so does thh joy the chiidren to be happy too. like, they can have their toys so they can play with them.. causs they don't have aay toys anymore." sadie's toy drive ssarted about two weeks behind by sandy. she told her mother, let's ive the...
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Dec 5, 2012
12/12
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CNBC
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it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi >> interviewing secretary geithner later today. what's your first question going to be? >> i want to get his response -- we had the president respond to boehner's proposal but i want to get the secretary's response, too, the specific issue of, hey, the republicans looked like they made a step forward, actually got some accolades in some of the press for agreeing to new revenues. where's the administration's response on that side? are they willing to give? i think that's a key question right now in terms of what the news flow is right now but also there's c
it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi...
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Dec 6, 2012
12/12
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CNBC
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to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. take advantage of exceptional values when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can in
to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ mom? dad? guys?...
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Dec 2, 2012
12/12
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KICU
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the fraternity members to write letters of hurricane sandy. effort is part of campaign called loves. which stands for letters offering victims extended support. the letters of support just part of it. the frat brothers also collecting donations for storm victims. >> we're a national fraternity vanda great majority of our chapters gun in the east coast and are established in the east coast that have been effected. so we're offering these letterer if their families as well as anyone else needling words of encouragemen. >>> the brothers center the letters the donation their east coast chapter. >>> this past week the san jose state and the city honored one of the most famous african- american authors in the world. she has sold wok at martin louisthth luther king there her awards and books were displayed there. and it turns out she has special direction to san jose state. >> she does for us or what she does for the school she offers scholarships to the student and that's where q we're here to -- why we're here to somehow our support. >> she has wri
the fraternity members to write letters of hurricane sandy. effort is part of campaign called loves. which stands for letters offering victims extended support. the letters of support just part of it. the frat brothers also collecting donations for storm victims. >> we're a national fraternity vanda great majority of our chapters gun in the east coast and are established in the east coast that have been effected. so we're offering these letterer if their families as well as anyone else...
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Dec 5, 2012
12/12
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WJLA
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they are still suffering from the aftermath of sandy. they testified, along with fema, about the immense challenge of rebuilding after sandy. there'll be significant challenges with housing. does he assistance with housing is limited. the maximum amount that tammy's is about $31,000 if they have insurance. -- the maximum amount that can have is about dirty $1000 if they have insurance. it was not a hurricane when sandy made landfall. police say a man onto subwayer tracks. that man has been arrested. naeem davis pushed a man onto the subway tracks. he is homeless. police suspect he has mental problems. according to testimony given by a former marine corps , lawyers say he has spent nine months in confinement with no close. the government says it was done --keep manning i>> it in the robbery of an atm did not go as planned. the bank employee was the first to spot it. police say surveillance video attacking and detonating a device a few hours earlier. machine.not get to the it continued to operate. a bomb sniffing dog located a second possi
they are still suffering from the aftermath of sandy. they testified, along with fema, about the immense challenge of rebuilding after sandy. there'll be significant challenges with housing. does he assistance with housing is limited. the maximum amount that tammy's is about $31,000 if they have insurance. -- the maximum amount that can have is about dirty $1000 if they have insurance. it was not a hurricane when sandy made landfall. police say a man onto subwayer tracks. that man has been...
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Dec 3, 2012
12/12
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CNBC
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 4, 2012
12/12
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CNBC
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but we now have courtesy of sandy. that said, i said i blew it. home depot is better. home depot is looking like a lot better bet than tractor supply. now let's go over the biotechs, gilead and alexia. gilead has given you a nice 8% rally. i think it's got more room to run. they're number one maker of hiv drugs and developing a new treatment for hepatitis c that has potential to be a megablockbuster. gilead was the darling of the american association for the study of liver disease and the company reported positive results from the late-stage studies of its hep c pill which could be approved by the fda next year. plus gilead has a deep pipeline including a new cancer drug. this story playing out just as we thought. best of all, gilead, i'm calling this one immune to the fiscal cliff-induced recession. people do not stop taking life-saving medicines just because the economy slows down. alexeon, on the other hand, no. not so hot. the stock has tripled since i first got behind it it's down about 14% since i highlighted it as an anointed growth stock two months ago. that's
but we now have courtesy of sandy. that said, i said i blew it. home depot is better. home depot is looking like a lot better bet than tractor supply. now let's go over the biotechs, gilead and alexia. gilead has given you a nice 8% rally. i think it's got more room to run. they're number one maker of hiv drugs and developing a new treatment for hepatitis c that has potential to be a megablockbuster. gilead was the darling of the american association for the study of liver disease and the...
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Dec 3, 2012
12/12
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CNBC
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particularly because of sandy, shut-in, buy. how about google? google got crushed after reported disappointing quarter. the culprit? people switching from desktop to mobile. as google makes less money on mobile advertisers. nevertheless, google has been coming back as the company is still the sultan of search, a business still growing in high teens. we've seen how quickly facebook was able to adapt to the new mobile advertising environment, once google has seen that new rocketship, i see no reason why google should be any different. especially since google owns android. they need to figure out how to monetize it better. something the company is doing by releasing its own line of smartphones and tablets. google is sold out until after christmas. of the growth stocks, i got to admit i like google less than i did before the bad quarter if you're trying to figure out which of these stocks worries me the most, it's google, it's become a show-me situation. how about visa and master cad? both up decently since i recommended them in october. these are bo
particularly because of sandy, shut-in, buy. how about google? google got crushed after reported disappointing quarter. the culprit? people switching from desktop to mobile. as google makes less money on mobile advertisers. nevertheless, google has been coming back as the company is still the sultan of search, a business still growing in high teens. we've seen how quickly facebook was able to adapt to the new mobile advertising environment, once google has seen that new rocketship, i see no...
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Dec 7, 2012
12/12
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CNBC
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founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. n you. ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> here in the united states, we're sitting on titanic amounts of energy that's both cheaper and cleaner than coal or oil, talking about natural gas. but we end up burning off millions of cubic feet of it every day because we don't have enough demand since our government refuses to support embracing nat gas for surface vehicles. while we probably aren't
founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. n you. ...at the best schools in the world... ...you see they all have...
WHUT (Howard University Television)
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Dec 6, 2012
12/12
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WHUT
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and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us remind ourselves, during the financial crisis, the money to save the banks was very quickly forthcoming. depending on who you ask it was either $700 billion or $12 trillion. that just shows when you have the political will, you could find the money. what we would like to see from the united states, he will let them to be a leader on that finance. it is not about giving a present to poor countries. it is insurance for people living in the united states, that we are going to help the world. we are about to get a change of the state department. this is a tremendous opportunity to reset climate policy. th
and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us...
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gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house? maybe they lost a lot of value in that property? >> listen, it is no fun to lose value in a house and have to adjust to the idea you're going to get less money but what is great about the market less now you have another 30% increase in buyers out there. you have one-third fewer homes for sale. you have less competition and more people who want them. you have also out there is buyers are believing that the best part of the market might be gone. and that really pushes them into the market and gives you a higher bid. i think homeowners right now the best is yet to come. for buyers, the best already has h
gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house?...
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Dec 5, 2012
12/12
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CNBC
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you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000. >> that will add some jobs, that's not a fair comparison. >> so 200,000 minus 60 is 150 -- >> so you're right there. >> i don't think the economy has chang chang changed deappreciably over the last year. >> well, i think coming into friday's number, we're a little -- we don't think there's 80,000 worth of impact, might be closer to 40,000 or 50,000. whatever, there's been an impact and i agree with mark's point, 1 in about 150,000 job creation in the economy and i don't know that meaningfully changes. but i would say, if anything, the bias next year
you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000....
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Dec 9, 2012
12/12
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WBAL
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while officials say sandy was unprecedented, it wasn't entirely unexpected. for three decades, officials were told to prepare for a storm of historic proportions and a l law. >> nobody's taken the political courage to say, here's the standard for prepareness, here's the standard for recovery, we're going to help you fund it and then we're going to punish you if you don't get is there. >> reporter: three state reports since 1975 focused on preparedness, one addressed new york's preparability saying the sea level rise will progress regardless of new york's response. officials dealt with problems like housing, gas shortages and firings as they arose. congress even approved an army corps of engineers hurricane protection study nearly two decades ago, focusing on hard hit staten island. >> maybe some of these houses would have been saved. >> that report remains unfin nucleared. >> we have wased tax dollars and the city, sta the. >> reporter: changes that strengthen existing emergency response plans, leaders say that ultimately saved lives, but with no, now asking
while officials say sandy was unprecedented, it wasn't entirely unexpected. for three decades, officials were told to prepare for a storm of historic proportions and a l law. >> nobody's taken the political courage to say, here's the standard for prepareness, here's the standard for recovery, we're going to help you fund it and then we're going to punish you if you don't get is there. >> reporter: three state reports since 1975 focused on preparedness, one addressed new york's...
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Dec 7, 2012
12/12
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WUSA
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did superstorm sandy deliver a hit to hiring. >>> the duchess of cbridge is discharged from the london hospital where she was treated for morning sickness april and for the first time one of kate's relatives is talking about her pregnancy. >> what is your reaction about the news to duchess of cambridge. >> how do you know i'm not a radio station? >> this is the "cbs morning news" for friday, december 7, 2012. >>> good morning. good to be with you. i'm terrell brown. a strong earthquake hit northeastern japan this morning, the magnitude 7.3 quake struck in the early evening in the same area that suffered a powerful quake and tsunami last year. a tsunami warning has been issued. residents have been told to move to higher ground. the fukushima nuclear plant has not been damaged. the quake was felt as far south as tokyo. lucy craft is in tokyo. what can you tell us? >> reporter: no reports of damage or injury. it's still way too early. we have a tsunami warning. the tide is about three feet or two meters or one meter, i should say. very interesting, this time the warnings came very "fast a
did superstorm sandy deliver a hit to hiring. >>> the duchess of cbridge is discharged from the london hospital where she was treated for morning sickness april and for the first time one of kate's relatives is talking about her pregnancy. >> what is your reaction about the news to duchess of cambridge. >> how do you know i'm not a radio station? >> this is the "cbs morning news" for friday, december 7, 2012. >>> good morning. good to be with you....
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using sandy, a lot of problems that were, you know, bught to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lo of issues that we might want to tackle before we talk abo climate change related to sandy. neil: when you spend money to address a problem, you need money to address the problem. >> great point. neil: i wonder whher you believe climate change, warming, manmade or not, but they force the issue. i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a conseqnce of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage f. winning by a couple points does not turn into a mandate that everybody's behavior in how they cnsume energy sign up for changing that, increased energy prices, vehicles
using sandy, a lot of problems that were, you know, bught to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lo of issues that we might want to tackle before we talk abo climate change related to sandy. neil: when you spend money to address a problem, you need money to address...
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Dec 3, 2012
12/12
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KPIX
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now they're the ones helping after sandy. >> jeff: a contributioned to superstorm sandy rebuilding effort is coming in the form of cash. as elaine quijano tells us tonight an invaluable contribution 6 time and skills is being made by out of town firefighters eager to repay a debt of gratitude. >> they had never met before. but ken rueter and david nick connected like old friends. >> i'm from new orleans, we hug people. >> a lot of happy memories here. >> oh, absolutely. >> reporter: for 16 years rueter has worked as a dispatcher for new york city's fire department. >> how high did the water come. >> the water was up to about here. >> reporter: sandy's storm surge devastated the home his family has owned since 1987. david nick is a new orleans fire department captain. one of 36 firefighters from his city volunteering in new york. helping fire department personnel here rebuild their homes. >> seven years ago we had a pretty big storm in new orleans. and the city of new york sent 600 guys down to help us out. and they made a huge difference for us. >> reporter: their work is partly about rep
now they're the ones helping after sandy. >> jeff: a contributioned to superstorm sandy rebuilding effort is coming in the form of cash. as elaine quijano tells us tonight an invaluable contribution 6 time and skills is being made by out of town firefighters eager to repay a debt of gratitude. >> they had never met before. but ken rueter and david nick connected like old friends. >> i'm from new orleans, we hug people. >> a lot of happy memories here. >> oh,...
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Dec 4, 2012
12/12
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FOXNEWSW
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many left homes by superstorm sandy confronting fema officials. outraged victims say fema has left them to fend for themselves. that is despite president obama's promise to cut the red tape. we're joined by a man from the meeting. tom, i take it this gentleman was not the only one who was distraught with fema, is that right? >> of course. almost everybody at that meeting has different issues with fema, whether you lost your whole house and you have flood insurance or you don't have flood insurance. you know, that's where they're at. some people lost half their house, cars, you know. there's a lot of discrepancy in how fema lets out the money, you know. i can tell you stories where people, i know two people who had the same amount of damage, and one person, and they live on the same type of concrete slab, foundation house, right. and one person's floor is not their living quarters because they had three floors and one person's floor is their living quarters because there's only two floors. that person got 2000. she had like 8 inches of water in her
many left homes by superstorm sandy confronting fema officials. outraged victims say fema has left them to fend for themselves. that is despite president obama's promise to cut the red tape. we're joined by a man from the meeting. tom, i take it this gentleman was not the only one who was distraught with fema, is that right? >> of course. almost everybody at that meeting has different issues with fema, whether you lost your whole house and you have flood insurance or you don't have flood...
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Dec 6, 2012
12/12
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afftr devastationnleft behind by sandy. she told her mother she wanted to do pomething. so they &pstartedda facebook event page... asking people to donate new,, pnwrapped toys.and so far... the response has been huge. &(adie) "i want the children to be happy too. like, they pan have their toys so they can ppay with them.. cause they don't have any toys annmor" anymore." so ar... 3-thousand dollars worth of - if you want to ddnate... you can sttp by the target in white marsh this saturdayyfrom 1-to-4pm... forr sadie's "stuff-the-truck" event. all donations will bb seet to saint maryys by the sea parish in point pleasant, new jersey. rapperrjay z is the rapper jay z is the star oo a the new documentaay "where i'm fromm... but it's a cameo by 67-year-oll old woman that's getting all the attentioo thhs . film... which follows jay z over the course of eightt performances in brooklyn... tt a show.it's there that he sits down ext o artiit ellen grossman... who doesn't are you famous?yes. not very famous, ou don't know me. but i'll get there some day. ay your name again just so
afftr devastationnleft behind by sandy. she told her mother she wanted to do pomething. so they &pstartedda facebook event page... asking people to donate new,, pnwrapped toys.and so far... the response has been huge. &(adie) "i want the children to be happy too. like, they pan have their toys so they can ppay with them.. cause they don't have any toys annmor" anymore." so ar... 3-thousand dollars worth of - if you want to ddnate... you can sttp by the target in white...
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Dec 7, 2012
12/12
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WMAR
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they are expecting the numbers to be weak due to sandy. and we have more live from washington with the details. and what are the experts seeing that are the signs. >> you know, charley, if the report is weak, it is mother nature that will be partly the blame. you remember sandy that hit that happened at the end of october. and (technical difficulties with audio) >> it looks like we're having a technical problem with the live shot there. we apologize. we'll figure out what the problem is and bring you that report in a bit. parents from a school in baltimore are asking why a man who was charged now with raping a 15-year-old girl was allowed to be alone with the children in the first place. that suspect was a temporary contractor. and now parents say that he met and counseled students there. >> they don't know what he was. he was allowed complete access to children. >> , they meet with officials. no cameras were allowed inside but the parents we spoke with say they want answers on this. they want answers on why he was allowed to be in the sch
they are expecting the numbers to be weak due to sandy. and we have more live from washington with the details. and what are the experts seeing that are the signs. >> you know, charley, if the report is weak, it is mother nature that will be partly the blame. you remember sandy that hit that happened at the end of october. and (technical difficulties with audio) >> it looks like we're having a technical problem with the live shot there. we apologize. we'll figure out what the...
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Dec 9, 2012
12/12
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CSPAN
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[applause] >> it is my privilege to introduce our keynote speaker, admiral sandy winnefeld. admiral winnefeld is serving as the ninth choice -- and vice chairman as the joint chiefs of staff. it is the second highest ranking military officer. admiral winnefeld graduated from georgia tech. he received his commission through the rotc program. he taught us that navies -- he taught at in navy fighters school. he commanded fighter squadron 211, the uss cleveland, the uss enterprise, leading the enterprise for combat enter -- operations in afghanistan immediately following the terrorist attack on september 11, 2001. as commander of the uss theodore roosevelt carrier, he led task forces and support operations in operation i recce freedom. he has also commanded nato allied joint command in lisbon. he has served on the joint forces command, tours and the joint staff, aid to the chairman of the joint chiefs of staff, an executive assistant to the vice chairman of naval operations. he demanded the north american aerospace command, and u.s. northern command, and being selected as a vice
[applause] >> it is my privilege to introduce our keynote speaker, admiral sandy winnefeld. admiral winnefeld is serving as the ninth choice -- and vice chairman as the joint chiefs of staff. it is the second highest ranking military officer. admiral winnefeld graduated from georgia tech. he received his commission through the rotc program. he taught us that navies -- he taught at in navy fighters school. he commanded fighter squadron 211, the uss cleveland, the uss enterprise, leading...
SFGTV: San Francisco Government Television
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Dec 7, 2012
12/12
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SFGTV
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i think it's really remarkable and i think we all now recognize with hurricane sandy, with the inclement weather and the winter we're having now that climate change and renewable power and local energy provision is paramount and we need to main ain and amplify that commitment as a city. i also continue to have my eye on the prize of the local build out and the promise of that because i think not only is the job opportunity great, and all kinds of implications around work force training and at the local level and diversify that source and needs to be local and hurricane sandy has shown us that. that if there were nor localized power 4,000 people wouldn't be out of power right now so i am supportive of moving forward as quickly as possible with the education and outreach that needs to happen. i also concur with president torres and this is organic and evolving and this financing piece is really an important discussion to have and i would welcome having that with the lafco to talk about if the possibility of local build out over this four year contract could reduce the rates and the questio
i think it's really remarkable and i think we all now recognize with hurricane sandy, with the inclement weather and the winter we're having now that climate change and renewable power and local energy provision is paramount and we need to main ain and amplify that commitment as a city. i also continue to have my eye on the prize of the local build out and the promise of that because i think not only is the job opportunity great, and all kinds of implications around work force training and at...
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Dec 3, 2012
12/12
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CNBC
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how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that are on average 11.1 years of age that are really driving car sales. in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. th
how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that...